German chemical group Bayer has reported continued growth in sales for the third quarter of fiscal year 2004, which is encouraging news as this has been achieved despite the sharp rise in raw materials and the strong euro. Group sales - for the period July to September - increased by 3.4% to reach €7.065 million. This increase has been attributed to sales growth in Europe, Asia, and South America. Although growth in Germany was slight at 2%, Europe as a whole recorded an 8% increase in sales.

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